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Demand Is the Active and Supply the Passive Determinant of Land

question 14

True/False

Demand is the active and supply the passive determinant of land rent.


Definitions:

Biotic Potential

The maximum reproductive capacity of an organism under optimal environmental conditions.

Exponential Growth Curve

A graphical representation illustrating the accelerating increase of a population or quantity when the rate of growth is proportional to its current value.

Biotic Potential

The maximum reproductive capacity of an organism under optimum environmental conditions.

Reproductive Age Span

is the period in the life of an organism during which it is biologically capable of producing offspring.

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